Unlock the Power of Effortless Contract AI
Revolutionizing contract management through human-assisted AI
Agile. Intuitive. Effortless.
The Next Generation of Contract AI
The era of manual contract management has become obsolete—replaced by AI-powered CLM solutions. But these solutions have failed to deliver results in post-signature management. Why? They’re highly manual. And as we all know, there is no “magic AI button.”
When it comes to signed contracts, most Contract AI solutions have accuracy rates as low as 50-70%. They struggle to handle…third party paper, amended terms, poor OCR quality documents and legacy contract migration. And they’re built for power users—not for teams across the business who need self service access. The result: hours of manual cleanup, months of AI training, missed project timelines and an incomplete contract repository.
Pramata is a different approach—one that transforms overwhelming into effortless. We’re designed with the end-user in mind. Our platform leverages robust human-assisted AI technologies to extract actionable insights—with 99% accuracy. The collaborative contract intelligence of our human-assisted AI model creates a seamless user experience. Pramata empowers businesses to drive greater profitability and reduced risk.
Welcome to Contract AI, reimagined.
The Pramata Difference:
Impactful Technology, Proven Results
With nearly 9 million contracts digitized and 15+ years perfecting our technology, discover how our Effortless Contract AI is uniquely designed to transform your business. We digitize all legacy and future contracts, extracting key contractual obligations, with zero effort required by your team. And to ensure accuracy and seamless functionality, each AI component has ongoing, integrated assistance from our team of experts. Contract management is finally easy.
9 MILLION
contracts digitized
1 BILLION
data points extracted
99%
data accuracy
Get to know Effortless Contract AI
Cleanse AI | Organize AI | Extract AI | Analyze AI
Cleanse AI
Delivers a clean, digital version of every document.
All you need to do is upload your legacy contractual documents (Yes, it’s that simple).
Document transfer
Multiple, secure transfer options for every client need
Historical document transfer: web-based portal, SFTP or API
New document transfer: eSignature or API integration
Document cleansing
Duplicate document detection
Out of scope document detection
Auto conversion of files to PDF
OCR conversion of every contract image to text
Auto merge and split files
Auto page rotation
Document exception detection
Password-protected detection
Auto file decryption
Missing signature and page detection
Foreign language detection
AI-Assist Team:
Our experts verify and inspect Cleanse AI’s accuracy for documents identified as anomalies. This includes missing signatures, missing pages, or duplications. If files cannot be processed at all by AI, say, for example due to poor quality, our experts ensure they are cleansed through a series of guided steps.
Why is Cleanse AI such a critical step?
We have found that 1 in 5 historical documents have an issue, from minor formatting to major concerns like a missing signature. Without an integrated solution like Pramata, this can add up to a significant amount of manual effort.
Organize AI
Establishes a normalized, complete set of documents for every relationship.
Every business needs to rely on their contract repository as a true “source of truth.” It should include every contract for each of their accounts, and not just on a go-forward basis, but also historically. We ensure our customers have a complete document family, for each account, with all contractual documents organized into a logical hierarchy.
Document & Account normalization and mapping
Extraction of entity from filename
Extraction of entity from document
Account name deduplication
Mapping extracted entities to a normalized Account Master
Document history creation for each Account
Extraction of Document Title, Type, Effective Date and Parent Contract Reference
Document Hierarchy creation
Missing document identification
Logical data validation
AI-Assist Team:
Our experts verify and inspect Organize AI’s accuracy for documents or accounts identified as anomalies, like extracted terms, account consolidation requirements, failed OCR, incomplete document hierarchy or account mapping gaps.
Contract AI Is No Slam Dunk
Most people underestimate how hard it is to extract accurate, actionable and useful data from unstructured contracts.
Extract AI
Transforms hidden, unstructured data into a structured, usable format—backed by a 99% accuracy rate.
If the contract repository you depend on daily (for key obligations, dates, renewal details) isn’t accurate, or usable, it’s highly unlikely your teams will adopt it. That’s why over the last 15+ years we have perfected our contract data extraction—to ensure our customers get the highest quality and accuracy in the industry.
Smart contract model
Best-in-class models can appropriately tag all clause variations in a document
Models automatically check every document against 50+ predefined fields
Models are based on variations seen across 9 million contracts from multiple industries
Improvements are incorporated into our models on a quarterly basis
Key obligation and term extraction
Extraction of 50+ key terms, including renewal details
Auto obligation tagging
Normalization algorithm
Automatic data accuracy checks
Amendment management
Parent/Child Algorithm
Logical data validation
AI-Assist Team:
Our experts are always training and re-tuning our Extract AI for accuracy and usefulness. Backed by our 99%+ data accuracy, our team runs ongoing quality checks and exception handling.
Analyze AI
Ensures you always have the information you need to make quick, data-driven decisions with 100% confidence.
We know your relationships are changing all the time—amendments, orders, concessions. All these changes add up quickly and cause renewal dates, contract status, and more to become out-of-date. At Pramata, we have engineered our contract analysis to keep your information up-to-date daily—reflecting every change with precise accuracy.
Renewal date derivation
Calculate Contract Start Date
Calculate Contract Term Type
Calculate End Date
Calculate Non-Renewal Notice Date
Daily recalculation of renewal dates
Contract status analysis
Contract Status Algorithm
Parent / Child Algorithm
Calculate Contract Status
Daily recalculation of status
Actionable Customer Summary
Compiles a list of all contracted products for each customer
Bookmarks the pricing section in the right contract
Provides the contract renewal / expiration dates for each product
AI-Assist Team:
Our experts are ready for any customer-specific scenarios that come their way. We continually improve our Analyze AI for accuracy by developing new rules to prevent future data errors.
AI-Assist + Contract AI:
The Combination You’ve Been Missing
The secret to truly making contract AI effortless lies in our integrated team of lawyers, finance professionals, and data scientists.
With close to 9 million contracts digitized, our experts have rich contracts experience that spans a myriad of industries and verticals. Combined with our data scientists, who come with extensive backgrounds in Natural Language Processing (NLP) and Machine Learning.
Our AI Assist team securely helps our robust set of technologies by managing exceptions and ensuring accuracy for the life of the repository.